 Welcome to Access to Trader, the number one community for those who are committed to taking control of their trading in order to achieve success, profitability, and longevity. Thank you for joining us. Here's Dan Shapiro to help you find your edge, master your process, and own your future. Hey guys, good evening everybody. Welcome to another edition of the Access to Trader.com nightly wrap up show. Hope everybody had a good day. You know, if my calculations are correct, I think I'm not really a smart guy, but one, two, three. If Tesla goes up, right, figure if Tesla goes up 130 points a day for the next three, four days, I figure, carry the three, I figure they should be around $2,500 to $3,000 a share by Friday, the latest by Monday. I mean, absolutely nuts. Tesla is just, it's just on a different level right now. You know, people always say all the time, like, you know, what was the dot com like? What was the dot com like? This is pretty close, right? This is pretty close. For all you guys who did trade in 99 in 2000, this is pretty close. This is pretty damn close. This is ferocious. This is not even a short squeeze. This is like, you know, this is a widow maker. But again, before you think it's only on the short side, just understand, what we were watching today on Tesla, we were watching $10 moves in one interval. Now, when I mean interval, not a 60 minute channel. Some of you guys that do have reference points in the live webinar, you guys still watch these one minute channels. At some point, Tesla was putting up like a $10 move up or down within one or two minutes. I mean, just the most amazing thing, just absolutely amazing. I didn't want any piece of it today. I really didn't. There was a big upgrade today. And I just perfectly stated, and I feel this way, it's very, very important to understand. Again, it's not the sexiest way to the go one. We don't want to, you know, we don't want to make an old Dell Beckham one handed catch kind of like the matrix. What we want to do every single day is professional trades. I don't care what kind of trader you are. We want to make sure we grind it out that we're in control. When you have an interval, and again, if you're long this thing, God bless. I'm not trying to spite you. But if you're trading any stock, what you want to do is have control. When you have a stock trading in a $10 interval every minute, that's a problem. And again, it's an incredible short squeeze, coal buyers all over the place, the 850s, 855s, 900s, it's just insane. But again, I want to make sure every single day we're positioning the situation that we're not going, we're not blinded by the lights. Again, yes, everybody wants to catch a 10, 15, 20, 30 point move in like 30 seconds. I get it. I would sign up at a heartbeat for it as well. It's just not realistic. It's like certain areas of expectations that you have. It really is trying to hit power every single time you put on the trade and eventually bad things are going to happen. And again, if you are trading and you're fixated on Tesla, and yes, amazing moves. But you really are missing out some pretty good two-sided opportunities that we've been seeing in the markets, especially today. Again, the ironic part about today, and this is what makes trading the greatest reality show that's not on television, I came in with a 95.5 sell buys. So the fact that we gapped up today, if you looked at China overnight, you said, wow, it's down six, seven percent and the futures are up 150 points. So I came in today with a 95.5 and I said, hey man, anybody who's thinking about buying that opening range, you're going to lose money. That was my first comment today at Morning Strategy. But again, at the same time, I'm not naive. I'm not stubborn. I understand that things change. Your opinions, yes, you have to have them. You have to have an opinion going into the trading day. You have to have a bias. But if technical analysis is confirming the price action that is completely removed from your initial thesis of what's going to happen, you either sit it out or conform to what you're seeing. Okay, you cannot fight the tape. In other words, it's like me turning around and saying, well, Facebook gapped up. It took out the opening range highs. But I still think it's going to take the test out 201. You're going to get squeezed, right? You're going to get squeezed every time. If you do the same thing with every single stock that you think is a short before the confirmation trying to anticipate where the next move is going to be, you're going to get run over. And this is what makes trading completely different than any other profession. It's ridiculously hard. It's ridiculously unexpected. Anybody who went home short overnight on Friday, which was 100% the right thing to do, right? Think about it. Logically, you have this disease spreading and it's blah, blah, blah, blah, blah. And also we get 150, 180 point gap up. It just doesn't make sense. So it's unpredictable. It's unforgiving. There is no scripts. And the moral of the story is it's going to put you in a position that you were going to make emotional decisions. And again, the greatest part about us trading channels, we don't need to be painted into that corner. We're going to trade what the market gives us. And if you look at the price action today again, the scoreboard really didn't paint an accurate picture, right? We were down 600 points on Friday. We rebounded 143 points on the down, right? So you could turn around from a technical point of view or even a common sense point of view and say, wait a minute. What happened today? That's so exciting, right? We put it in an inside day. We made back a quarter or a third of the losses from Friday. Who the hell cares? And you're right, right? You're right. You're absolutely right. Matter of fact, they also put an inverted hammer off the five-day moving average. And if you look at the 60-minute view of the diamonds, right? So we're going lower. So they're right. But if you look at the Nasdaq 100, right? If you look at the Nasdaq 100 and again, just destruction on Friday. And, you know, we closed fairly well and we made back, right? Even though it's an inside day as well on the Nasdaq 100, we did make back, right? We didn't make back like 100-something points on the queue. So it really is amazing, right? It really is amazing how random sometimes price action plays out. But the common denominator is when you have random price action, okay? And market structure is very unpredictable. Again, the last thing you want to do is this, right? The last thing you want to do is put yourself in a position like this. And even though, again, the greatest thing since sliced bread, I'm not going to be the one who's going to fight in Tesla. You guys know, man, I've been trading Tesla for years. My favorite stock doesn't even come close. But there has to be areas of interest here trading Tesla that's going to make sense, okay? It's going to make sense from the risk point of view. And for me today, and again, I even tweeted out at a certain point today, if you go on a timeline, I even said, hey, look, Tesla, if it reclaimed 717, 718, it could wake up again. And I even said in the tweet, I don't want any piece of it, okay? And yada, yada, yada. This thing runs up 70 points from my tweet, from my tweet, okay? Forget about what it was from the day. It was up 60 points prior to that. So just incredible things. If you're a new trader, stay away from this damn thing. It's just not for you. I understand that the lights are bright and it's shiny and it looks great and you're going to be rich. But again, I know for a fact, if you are a new trader, you're not taking enough size to make it dent anyway. You're trying to get the bigger move. But what you're doing subconsciously, you are opening yourself for risk. You're building fear of missing out into your DNA. The longer you have that fear of missing out, the longer it will stay in your DNA and you will not be able to get rid of it. So yes, it looks great. It's fantastic. It's going to go to $1,000 probably by tomorrow pre-market. I'm joking. I'm joking. I'm joking. But am I really joking? So just calm down. Calm down. There's other areas that you can take advantage of that I believe will give you a bigger bang for your buck. So let's talk about today. Again, ironically, most of the trades today were to the upside. The only trade today was BYND. I mean, there was a really, really strong pivot, right? Really, really strong pivot on BYND on Friday. If you guys remember, we talked about this on the video, the 1288 breakdown to 108, right, to 108. And we talked about this on the video. I said 108 is going to be a potential area of interest there. And it was. This was the first really big move of the day. We'll talk about this in a second. But this was definitely the first big move of the day. I caught this pretty nicely. So here was BYND. We talked about that 108, right? We talked about that 108. And I accidentally, the reason why I'm showing you this on my regular account by accident, I put it into. So I apologize for all you guys on the Twitter feed by accident. I put it out in my main account for everybody to see. So for all you guys who did take this trade, congratulations. But again, I apologize. So again, if it builds on 108, it can get hit. Bottom channel is 10380s. And it was beautiful. It was a beautiful, beautiful trade. That second entry was perfect. Here's the 108, right? Here was the 108. I said it could get down to 103. It got down to 102.43. So it was a really, really good trade. I was very, very happy with it. And then just things got like, again, I was looking at Roku. Again, if you guys remember the video from the weekend, I said, hey, I'm looking at this thing. If it builds below 120, it's going to get hit. And next thing you know, Roku comes out with some news. And I said, look, you know, and again, I go just in case the market holds up, right? And the same thing you saw that with Netflix. Netflix had butchered big time, big time. But Roku, I said, if it wakes up, right? Just in case, just in case the market turns around and doesn't die out. If it starts building 124.90, 125, it needs to build just in case for upside expansion. And here is Roku, just a big move on Roku, right? Just a really, really big move on Roku. Here is right here. Here is the whole channel right here, this 124.90, 125. And it's stock exploded. You know, this thing went to all the way 129.48. I butchered Netflix. I did. I butchered Netflix. I really did. I butchered Netflix. And so here was the build, right? 349.50.50, okay? And if you saw how Netflix was trading this morning, it was trading really crappy. Like really, really crappy. Like 30, 40 cent spreads, 100 shallots, really, really crappy. So I'm sitting here, I'm sitting here, and I'm like, okay, if it takes out this 350, I want to get long. I know there's areas there, 350, 353, and it's going to break out. So I buy this thing on the 350 break, right? It goes up a little bit, and then they dropped a bid like 75 cents. Remember, keep denying this 100 shallots. And I'm sitting there, and I'm sitting there, and I'm like, oh man, I'm going to get killed in this thing. Okay? So a buyer comes in, a buyer comes in, early buyer comes in, I think it was for the 355 calls, SOG still doesn't go, right? So I wind up, it pops a little bit, so I wind up taking a small profit. Again, I always believe in the theory if it doesn't feel right, just get out. Again, it's the money you save, not the money you make, that's going to add value to your account. And I was right, right? I was right. It goes down about 70, 80 cents again. I go, okay, next thing I turn around, I literally turn around. I mean, this is not even a joke. I literally turn around, you start seeing, and you guys saw this throughout the whole day, 370, 380, 400 calls, over and over and over and over, and the damn thing explodes. What are you going to do, right? You can't, you know, again, in this business, it's all about making adult decisions, capital preservation, go on to the next one, right? Go on to the next one, and it sucks, you know what I mean? It sucks, but look, you have to be an adult about this. You don't get any, you know, you don't get any mulligans, and the bottom line is, if those masterful, magical sweeps didn't come, I would have been having this conversation down to $3. So again, the safe bet is always the out. If you don't feel comfortable, you could always get out, get back in, but by the time I got in, I looked up, it was right $4 higher. I felt disgusting, but again, it is what it is. Again, huge, huge call buyers coming in. At one point, that's always on the option scanner today. 400 calls, 400 calls, 400 calls. So I think this thing's going to break out tomorrow, but yeah, it's definitely a big miss. So Roku was good. Netflix was good, not for me. Made a cup of coffee on this thing. BY&E was good. I was very, very happy with the trade. Let me show you guys some other pivots we had today in the webinar, and obviously in the private feed as well. This thing would ever load. Okay. So here it is right here. Again, as you see here, I had all shorts, right? I had literally all shorts pre-market because I figured, well, the market's going to come in. So obviously none of these things trigger. None of these things trigger. None of these things got confirmed. Netflix again, exploded. NVIDIA obviously never got down there. Again, I was prepared on the short side. It just never happened. Roku exploded. Good job, but for all you guys who took that initial move on Gilead, gave like a dollar and change move, $67.50 and I think it was a see who gave us the heads up in the webinar. So thank him for you guys who made money. I didn't take this trade. I had nothing to do with this thing. His idea, great job. $67.50 rejection twice needs to build. And if you look at Gilead, if you look at Gilead, here was the $67.50 right here. $67.50, $67.50. So it took out the $67.50 and went to like $68.70. So again, dollar and change. Very, very quickly. If he took it, good job there as well. Roku, like I said, take on the way up. Taking the way up in Netflix. Okay. NOW, I like for tomorrow. It made its initial move. Obviously it didn't make its second move. This is late in the day. It almost got to 360. That's the magic number going if it's tomorrow. So good job. And the most amazing part is, I think I kind of found a small cap arbitrage. The reason why I say that. I've been messing around with something. I want to show you guys something. I've been messing around with something. I know a lot of you guys have been requesting like some of these small cap stocks. So I've been messing around with something. Okay. And by the way, congratulations to, who was it? Mohammed, right? Mohammed had really, really capitalized on Roku. So good job there. That's not what I want to talk about. So I started playing around, right? I started playing around with like these small caps, areas of small caps, right? And I'm still kind of beta testing it, but I think I found a little bit of an arbitrage in these things. So I wrote this thing here. I go first dip to rising support, two nineties, if they can reclaim three, it can go, it went from two nineties to like three, three 20, very, very quickly. Put up like almost like a 10% move very, very quickly. As you can see here, this is when it started the move, right? It started the move. I talked about a two nineties. It went as high as like the three 20. So big, you know, nice little move there again. So I'm trying to kind of perfect it before I even, I start doing it very, very aggressively in the live webinar, but even the second one, this little one, CPHI of all things, right? 80 cents if it builds can wake up, right? If it wakes up 80 cent build. So check this little sucker out, right? Just to give you an idea, I just want to, I'm just playing around with some things. So here's the 80 cents. Look at this damn, they went to 97 cents. So again, stay tuned. Again, I'm just, I'm going to back test this thing a little bit more over the weekend before we get aggressive. I know some of you guys started taking those trades, but so far so good. So kind of going into tomorrow, you know, look, I want to remove Tesla from the equation. Okay. I want to remove Tesla from the equation. Obviously, I think Amazon needs a couple of days to wake up. Let's talk about it. So let's talk about some ideas for tomorrow. I think I kind of like NOW. I usually don't like to talk about beta, but I like NOW. Look at the view here. If NOW starts reclaiming, if NOW can start reclaiming, you know, 345 starts building 345, I think it's the next leg up here. I like the ZM big move today, big, big move today. If this thing comes in, I like this thing on a rising support, dip by or red to green. Look at ride aid, you know, right? Look at ride aid starting to come out, right? You guys remember big, big move on ride aid. First move here above supply. If this thing can just reclaim, we can start building 375, excuse me, 1275, 1290. I think there's a shot here of this move to this 340 level. And look at this RVNC. Look at this RVNC as well. Pretty much self-explanatory. If it could just start getting above, you know, 2350, 2360, it could be good. Guys, please, if you're joining us tomorrow in the live webinar, please get there at 9 o'clock. We'll talk about all the pivots tomorrow on Netflix, BYND, Tesla. We'll see if we have an advantage there. Apple and everything else in between. Guys, God bless, good start for the week. And with God's help, I'll see you all tomorrow. Congratulations for putting in the time to take control of your trading. You're one step closer to owning your future and achieving the success you desire. Want daily trade ideas directly from Dan? Straight off his personal watch list? Unlock our free PS60 vault where you'll get nightly updates on pivot opportunities we're watching for the next day's session. Click the link in the description to get started today.